0.5 Acres in Belen, NM - $1,475

The Rio Grande Estates is a very large under-developed community. It is just east of the town of Belen and is rapidly becoming a bedroom community to the city of Albuquerque. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor. There are scattered subdivisions throughout this area and there are other areas of no development. There are many nice homes in the already developed areas. These parcels are between the Rio Grande River and the Manzano Mountains. You will be a couple of miles from the Rio Communities Development Area where there are shopping centers, businesses, churches, schools, a senior center, and many homes. You will be only a few miles from the Tierra Del Sol Country Club And Golf Course! Property is level to rolling with native grasses. There are stunning views in every direction. To the east the Manzano Mountains tower over 10,000 feet offering breathtaking views of the Rockies. There are several National Forest and wilderness areas within a short drive. They offer an incredible variety of outdoor activities such as mountain bike riding, hiking, camping, hunting, fishing, canoeing, snow skiing, horseback riding, ATV riding, sightseeing, and just relaxing.

This property is Rio Grande Estates, Unit 3 Block 75 Lot 13. There are no utilities run to this area yet, so at present you can use the property to RV and camp, and hold it for investment. There is a platted road on the north side of the property that was graded in long ago. This and other nearby roads have faded over the years due to this being such a sparsely populated area and these roads not being driven. You can choose to leave these roads as they are, or re-grade them. There is a currently used dirt road about 200 yards to the west.

This is a great secluded location, and yet Highway 47 is only about two miles away.

You will enjoy great mountain views. Belen and Los Lunas are conveniently nearby. Albuquerque with its great restaurants, art, culture, and shops is within reasonable driving distance or you can catch the Rail Runner Express from Belen and let them do the driving to and from Albuquerque.

With an initial payment of $294 ($99 down payment + $195 document fee) we can finance the balance for as little as $62.86 per month over two years. Or you can choose to pay in full to enjoy the 10% cash discount.

For more information or to purchase, please click on the Property Website link below, which is under Resources.